E2 Metals holds an 80% interest in 37,979 hectares in the Rio Negro province of Argentina. The province is host to the northern portion of the Somuncura Massif, a large volcanic province that is geologically similar to the Deseado Massif in Santa Cruz, but has been subject to far less modern exploration. The Somuncura Massif is host to Pan American Silver’s Navidad deposit, the largest undeveloped silver deposit in the world with over 700 million ounces silver resources, and Patagonia Gold’s Calcatreu gold deposit with over 1 million ounces of gold resources.

No field work was conducted during the reporting period, but the Company is committed to corporate development initiatives and acquired 50,790 hectares of new titles under its 100% owned entity Ivael Mining SA. The titles are located in the highly prospective Los Menucos and Jacobacci areas and are prospective for gold and silver deposits similar to Navidad and Calcatreu.

RIO NEGRO

PROJECT DETAILS

Target
  • Epithermal Gold and Silver Deposits
 Ownership
  • 80-100%
 Landholding
  • 88,769Ha